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Samsung's VC arm, Foxconn-CTBC JV back EnCharge AI in $100m round

Samsung's VC arm, Foxconn-CTBC JV back EnCharge AI in $100m round

FILE PHOTO: Figurines with computers and smartphones are seen in front of the words "Artificial Intelligence AI" in this illustration taken, February 19, 2024. REUTERS/Dado Ruvic/Illustration/File Photo

Startup EnCharge AI raised more than $100 million in a Series B funding round led by Tiger Global to bring more efficient and less expensive AI chips to the market, the company said on Thursday.

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